Flooring giant’s operational management to own four million shares

Kidderminster flooring giant Victoria has said members of its operational management team have bought 323,000 shares in the company.

Including the recent purchases, the team now own around 4 million shares in the company.

Victoria announced this month its revenues and underlying profits are expected to be ahead of expectations.

The firm expects revenues to be in excess of £970m (FY21: £662.3m), underlying EBITDA in excess of £155m (FY21: £127.4m), and underlying EBIT in excess of £100m (FY21: £79.8m).

Geoff Wilding, Victoria’s Executive Chairman said: “Our operational management have continued to successfully manage inflationary pressures and, together with their visibility of resilient demand from our customers, clearly remain confident in their ability to create wealth for shareholders”.